. :) We are very competitive our products. 780 score ,25% down DSCR rates 6.875%, 30/30 Interest Only, $5027 IO, if 5 year prepay, No points.

If you are buying a turn key and do not expect to take cash out for a few years just gauge that on your prepayment penalty years.Rates vary depending on credit scores, LTV, DSCR ratio, Loan amount, Property type, number of units.Good news is rates have been dropping so DSCR may not be a bad option if you buy and simply refinance in 12-24 months.

You'd likely be looking at rates in the low to mid8's depending on your credit score if you were to go with the 15% down.The higher LTV loans can be found in bridge loans and rehab loans since they are short term and often the value of the property increases so lenders can scale off the ARV.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

My credit score is over 720, while my partner's is around 541 (on both Equifax and TransUnion), due to a collection that we've since paid.

For instance, DSCR loan interest rates are determined by LTV and credit score, functioning much like coordinates on a graph (think X any Y axis).

The lender wants to run your credit score to determine whether you're Dilcia Morales or not.

Note if tenant has a credit score to ding, they have something to lose if I ding their credit.  

They are very more dependent on leverage and your credit score.

Sure you will be required to maybe bring a higher downpayment and slightly higher rate.I can offer a worksheet if you provide:FICO score, DSCR ratio, state